For example, ETF investors can consider dividend-focused options like the iShares Select Dividend ETF (NYSEArca: DVY), iShares Core High Dividend ETF (NYSEArca: HDV) and Oppenheimer Ultra Dividend Revenue ETF (NYSEArca: RDIV), among others.
The Select Dividend ETF tracks the Dow Jones Select Dividend Index, which includes the highest-yielding 100 stocks from the Dow Jones that have paid annual dividends and showed dividend-per-share growth over the past five years.
The Core High Dividend ETF tracks the Morningstar Dividend Yield Focus Index, which follows 75 dividend payers screened for qualified dividend income, excluding real estate investment trusts and master limited partnerships. Additionally, the underlying index screens for companies with wide economic moats, or competitive advantages, low default rating and high-yields.
Lastly, the Ultra Dividend Revenue ETF follows the OFI Revenue Weighted Ultra Dividend Index, which includes the top 60 securities from the S&P 900 ranked by the average 12 month trailing dividend yield in each of the previous four trailing quarters, and each component is then ranked by top line revenue instead of market-capitalization.
For more information on dividend paying stocks, visit our dividend ETFs category.